{"id":281351,"date":"2023-01-10T12:30:10","date_gmt":"2023-01-10T07:00:10","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=281351"},"modified":"2023-01-10T15:00:47","modified_gmt":"2023-01-10T09:30:47","slug":"securities-and-exchange-board-of-india-notified-limited-relaxation-on-regulation58-of-sebi-listing-obligations-and-disclosure-requirements-regulations-2015-that-deals-in-dispatch-of-physical-copies-of","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2023\/01\/10\/securities-and-exchange-board-of-india-notified-limited-relaxation-on-regulation58-of-sebi-listing-obligations-and-disclosure-requirements-regulations-2015-that-deals-in-dispatch-of-physical-copies-of\/","title":{"rendered":"SEBI notifies limited relaxation on Reg 58 of SEBI (LODR) Regulations, 2015"},"content":{"rendered":"
\n

On 5-1-2023, the Securities and Exchange Board of India (‘SEBI') has notified a limited relaxation on Regulation 58 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015<\/a> that deals in dispatch of physical copies of financial statements to debenture holders. The provisions of this circular have come into force with immediate effect.<\/p>\n

Key Points:<\/p>\n

    \n
  1. \n

    Regulation 58 prescribes that an entity with listed non-convertible securities has to send a hard copy of the financial statement, including consolidated financial statement, if any.<\/p>\n<\/li>\n

  2. \n

    The Ministry of Corporate Affairs, on 28-12-2022, extended the timeline for dispatching of physical copies of annual reports due till 30-11-2023.<\/p>\n<\/li>\n

  3. \n

    Accordingly, SEBI has also relaxed the compliance of the same until 30-11-2023.<\/p>\n<\/li>\n<\/ol>\n\n

    *Kriti Kumar, Editorial Assistant has reported this brief.<\/span><\/strong><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

    On 5-1-2023, the Securities and Exchange Board of India (‘SEBI') has notified a limited relaxation on Regulation 58 of SEBI (Listing Obligations <\/p>\n","protected":false},"author":67011,"featured_media":278871,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[4,1193],"tags":[54332,50594,2563,54331],"class_list":["post-281351","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-legislationupdates","category-notifications","tag-limited-relaxation","tag-non-convertible-securities","tag-SEBI","tag-sebi-listing-obligations-and-disclosure-requirements"],"yoast_head":"\nSEBI notifies limited relaxation on Reg 58 of SEBI (LODR) Regulations, 2015 | SCC Times<\/title>\n<meta name=\"description\" content=\"On 5-1-2023, the Securities and Exchange Board of India (\u2018SEBI') has notified a limited relaxation on 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